Daughter of the richest man within the Philippines and business tycoon, Henry Sy, lauded the Duterte administration for dealing with the financial system of the nation very nicely.
Teresita Sy-Coson, present Vice Chairperson of SM investments Corporation believes that the drug war and the polished friendship between the Philippines and China would assist the financial system.
In an interview with MSN, Coson mentioned that the dealings with China is one thing optimistic for the financial system of the nation.
The lady who has numerous expertise within the business trade, believes that President Rodrigo Duterte is clever sufficient to stability the connection between the Philippines and China that may actually helped the financial system to grew.
“We’re loking at China from the economic point of view and not from the political point of view,” she mentioned.
She additionally added that the drug war of the present administration helped companies grow.
This is the dialog between the MSN reporter and Sy-Coson:
MSN reporter: Philippines in peril although after pivoting too carefully to China or the mannequin needs to be, a bit extra diversified?”
Sy-Coson: “I think our president is intelligent enough to balance the relationship and I think we are looking at China more from the economic point of view, not from the political point of view so, I guess he knows how to maintain the relationship.”
MSN reporter: “And your President is going to be here, what do you think is his message to the ASEAN is going to be and the Philippines has the chairmanship?”
Sy-Coson: “Well, his message all this time about stopping the drugs and maintaining peace and order so that the business community can thrive and also the economy can prosper. I think that’s what, perhaps, his main message. He has been leaving the business community to its own, to run its own show and without a lot of government intervention. I think that is why our economy is doing okay.”
MSN reporter: “Some of his critics have said that his policy pronouncements have been somewhat erratic, I am just curious Teresita, on the ground, how would you describe business confidence, business investor sentiment amongst foreign and domestic investors in the Philippines right now?”
Sy-Coson: “Our economy has been growing at 7% and perhaps it will maintain 6-7% and, in spite of all the skepticism, the business community has been growing and I guess we’re happy about it.”
Pro-Duterte blogger Krizette Laureta Chu shared the hyperlink of the interview on her Facebook web page and she or he had a message for the critics of the federal government.
She made a sarcastic comment that the individuals should hear first from the Liberal Party and the individuals who acted like they had been consultants in economics than to a girl like Teresita Sy-Coson who dealt with billion greenback companies within the Philippines.
BUT NO WAIT LET’S LISTEN TO WHAT DOOMSAYERS FROM LP and THE NAGMAMARUNONG ARE SAYING. I’m certain the “economists” who don’t deal with billion greenback companies know higher. Or you realize, these individuals who have 2 items of Economics. LOL.
You can watch the video HERE